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Posts by Hometown Insurance

Former Root Marketing Exec Pleads Guilty to Taking Over $10 Million From the Insurer

By Hometown Insurance | November 30, 2023
Brinson Caleb “BC” Silver, former chief marketing officer for insurtech Root, has pleaded guilty to stealing more than $10 million from his former employer and violating court orders. According to the U.S. Attorney’s Office for the Southern District of Ohio, …
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Oregon Regulator to Investigate Pacificorp’s Request to Limit Wildfire Liability

By Hometown Insurance | November 30, 2023
Oregon’s utility regulator this week said it would investigate a petition by PacifiCorp to limit its liability from future wildfire-related lawsuits, delaying a decision on the power provider’s request by as long as nine months. In October, the Berkshire Hathaway …
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Internet Research Shows Californians May Add to Risk of Fire Hazards

By Hometown Insurance | November 30, 2023
By most measures, California usually tops the list of the states most at risk of fires. But a new report shows the state’s residents and their desires to stay warm in chillier months may be making the state even riskier. …
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Higginbotham Adds Texas’ Marshall Young Insurance

By Hometown Insurance | November 30, 2023
Higginbotham has announced a strategic alliance with Marshall Young Insurance of Cleburne, Texas, a firm known for providing specialized business insurance options to a wide range of clients. Founded in 1965 by Marshall Young as a construction, real estate, and …
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New York Governor Seeks Federal Disaster Aid for Downstate for September Floods

By Hometown Insurance | November 30, 2023
New York Governor Kathy Hochul has requested a major disaster declaration from President Joe Biden to support the ongoing recovery of downstate communities affected by the significant flooding occurring during a two-day period in late September. If granted by the …
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Missouri Employers Will See Reduced Workers’ Compensation Rates in 2024

By Hometown Insurance | November 30, 2023
The Missouri Department of Commerce and Insurance said that employers should see a reduction in workers’ compensation rates in 2024, the third straight year of declining rates. The NCCI recently proposed an overall decrease of 7.5 percent for 2024 workers’ …
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Former Owner of Collapsed Michigan Dam Faces $120 Million Judgment for Environmental Damage

By Hometown Insurance | November 30, 2023
DETROIT (AP) – The former owner of a Michigan dam is on the hook for roughly $120 million sought by the state for environmental damage when the structure failed after days of rain in 2020, a judge said. But it`s …
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Fort Worth, Texas Approves $3.5 Million For Child Who Witnessed Aunt`s Fatal Shooting by Officer

By Hometown Insurance | November 30, 2023
FORT WORTH, Texas (AP) – A Texas city on Tuesday approved a $3.5 million settlement for a child who witnessed his aunt being fatally shot through a window of her home by a police officer four years ago. The Fort …
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Consumer Reports: On Average, Electric Vehicles Less Reliable Than Gas Vehicles

By Hometown Insurance | November 30, 2023
Electric vehicles have proved far less reliable, on average, than gasoline-powered cars, trucks and SUVs, according to the latest survey by Consumer Reports, which found that EVs from the 2021 through 2023 model years encountered nearly 80% more problems than …
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Meta Asks Appeals Court to Tell FTC it Cannot Reopen Privacy Case

By Hometown Insurance | November 30, 2023
Meta Platforms, which owns WhatsApp, Instagram and Facebook, filed a lawsuit asking an appeals court to stop the U.S. Federal Trade Commission from unilaterally re-opening a consent agreement and ordering the social media giant to stop collecting revenue on data …
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